this post was submitted on 27 Jun 2023
159 points (98.8% liked)

Reddit

13434 readers
3 users here now

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 8 points 1 year ago

I’ve been part of a startup that was looking to exit shortly, and yeah they go through all kinds of long-term-destructive behavior just to make the numbers better on the short-term. I do also think a shrunk IPO timeline because of the tech VC market tightening is the cause of all of this.